11 Townsgate Drive 110, Vaughan

$699,000
11 Townsgate Drive 110

$699,000

New
8d
Condo ApartmentApartment

11 Townsgate Drive 110, Vaughan

Total Monthly Obligation $4,748

Beds
2
Baths
2
Park
3
Sqft
1200-1399
DOM
8d
Score
15
Yield
5.7%
Cash on Cash
-9.7%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Condo Apartment
MLS® Number-N14080044
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$3,386.46 (2026)
Maintenance-$1,445.8/mo
Locker-Owned
Parking-3 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE URBAN REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-60-90 Days
Neighbourhood-Crestwood-Springfarm-Yorkhill
Title-Residential Condo & Other

No agent assigned

Light, Spacious and Oh So Gracious! Welcome home to this Beautiful and Bright approximately 1295 Square Foot Suite with 9 Foot Ceilings, in Eleven Townsgate Drive. This Property Offers Light Filled Living Space in a Desirable High Rise Building situated in the Heart of Thornhill. This Two Bedroom and Two Full Bathroom unit Features a Private Balcony, a Sunroom, Rare 3 Car Parking (one is Tandem) and a Generous Sized Locker. This Lovingly Maintained Suite is a Sought After Main Floor Residence, Allowing for a True Outdoor Connection as well as the Convenience of Accessibility to the Grounds and Many Amenities through the Lobby, without the need of the elevator.The Living Room is Open to the Dining Area and Boasts an Elegant Full-Height Architectural Built-in Media Centre. The Dining Area Features a Picture Window looking out Into the Trees. There is a Convenient Galley Kitchen with Lots of Cabinetry and a View of the Outdoors. The Bright Breakfast Area Overlooks the Garden and has a sliding Glass Door Walkout to the 10.5 foot x 5.5 foot Balcony. The Ensuite Laundry has a Modern and Full Sized Washer/ Dryer, and the Front Foyer Features a Double Closet and Room for a Bench.The Lush and Landscaped Building Grounds Feature Mature Trees, a Garden Gazebo, Ample Outdoor Seating and an Indoor Walk Through Hot House Designed for Relaxation.This Complex Features Outstanding Facilities, Including an Indoor Pool, a Sauna and Fitness Center, a Squash Court, Tennis Courts (recently renovated) and 3 Pickleball Courts. There is a Meeting Room, Billiard Room with Library, Guest Suites, Visitor Parking and 24 Hour Concierge Service. Shops, Schools, Dining, Parkland, TTC and Highways are all at your door.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$4,748/mo
Mortgage $2,820
Monthly Loss $4,006
Principal$742
Interest$2,078
Property Tax$282
Condo Fees$1,446
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.0%0
5-Year IRR
5.0%11
10-Year IRR
7.1%
Returns Index
6.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$39,996/yr
NOI
$12,860/yr
Net Cash Flow
-$1,748/mo
Cash Margin
-52.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
17.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 11 Townsgate Drive 110

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.